Three reasons individual malpractice policies may be inadequate for ASC coverage:
1. The physician’s malpractice policy may not provide defense for the surgery center or non-physician owners.
2. Nurses, aides, administrative staff and other employees who could be named in a lawsuit likely wouldn’t be covered under the physician’s malpractice policy.
3. The ASC could be found separately liable for misbilling, depending on how the center bills Medicaid, Medicare and private insurers.
More articles on turnarounds:
The future of digital healthcare: Access, accountability and adoption
Malpractice payout & liability insurance in the U.S. — 20 state rankings
North American ASC market hit $26.9B in 2017 — 5 insights
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
